SOLD
Sold on 21 May 2024 for $235,000

103/75 Palmerston Crescent
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 62m2
Land area: 818m2
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Property Details for 103/75 Palmerston Cres, South Melbourne

103/75 Palmerston Cres, South Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2018. The property has a land size of 818m2 and floor size of 62m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in South Melbourne in the last 12 months.

Building Type
Unit
Year Built
2018
Floor Size
62m2
Land Size
818m2
Local Government
Port Phillip
Lot/Plan
103/PS723366

Last Listing description (December 2023)

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This quality 2 bedroom apartment invites you to enjoy South Melbourne living at its best. Be awed as you step into this luxe, light-filled and near new residence.

Apartment features:
- Natural timber flooring throughout the living areas
- Spacious kitchen with island benchtop, stainless steel appliances, gas cooking, integrated fridge and dishwasher with ample cupboard space.
- Light-filled bedrooms with mirrored robes
- European laundry with Miele washer and dryer included
- Split system cooling and heating
- 1 allocated car space (stacker)
- 1 storage cage included

An exceptional location on the very edge of the CBD puts you right in the heart of the best that Melbourne has to offer, from Albert Park Lake to the Botanic Gardens, South Melbourne Market fresh food markets to high end fashion shops in Clarendon Street shopping district. Trams are minutes away, ready to take you into or away from the CBD.

***Please note: A car stacker system is installed in the building of this property. Not all vehicles are suitable. Vehicles cannot exceed 2500kg in weight, cannot exceed 1.7m in height and cannot exceed 4.8m in length and 2.05m in width. Please consider these specifications before applying for this property.
***Fees may be applied for car stacker induction and is the tenant's responsible to pay

Property History for 103/75 Palmerston Cres, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$235,000
21 May 2024
Listed for Rent
$470/w
08 Jun 2022
  • 21 May 2024
    Sold for $235,000
  • 18 Dec 2023
    Listed for Rent - Price not available
  • 25 May 2022
    Listed for Rent - Price not available
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About South Melbourne 3205

The size of South Melbourne is approximately 2.2 square kilometres. It has 15 parks covering nearly 3.3% of total area. The population of South Melbourne in 2011 was 9,317 people. By 2016 the population was 10,892 showing a population growth of 16.9% in the area during that time. The predominant age group in South Melbourne is 30-39 years. Households in South Melbourne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in South Melbourne work in a professional occupation. In 2011, 44.8% of the homes in South Melbourne were owner-occupied compared with 40.2% in 2016.

South Melbourne has 11,164 properties. Over the last 5 years, Houses in South Melbourne have seen a 9.87% increase in median value, while Units have seen a 2.12% increase. As at 31 October 2024:

  • The median value for Houses in South Melbourne is $1,619,416 while the median value for Units is $605,499.
  • Houses have a median rent of $700 while Units have a median rent of $625.
There are currently 47 properties listed for sale, and 56 properties listed for rent in South melbourne on OnTheHouse. According to CoreLogic's data, 412 properties were sold in the past 12 months in South melbourne.

Suburb Insights for South Melbourne 3205

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.